RE: Who burned the most HIVE yesterday? Daily Burn Report [May 29, 2026]
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The burn tracker is one of the most underrated metrics on Hive. Watching which actions drive burning (HBD conversions vs post promotions vs resource credits) tells you more about actual network usage than price action does.
I noticed that HBD conversion burns have been increasing as a percentage of total burn this month - that suggests more people are taking advantage of the HBD/HIVE peg arbitrage. That's a healthy signal for the ecosystem.
Do you track any correlation between burn volume and HIVE price movements in your data?
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I think this are to low volumens of burning to have real impact on price. I would say, for now, it could be more psychological advantage (we are showing, that we are able to burn token ourself, without system).